GRAMLITH: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
GRAMLITH
Largest movements
- Receivables within one year +€344,445
up €344,445 (+44.3%), from €777,065 to €1.1m
of which Other amounts receivable: +€323,331
- Reserves +€334,857
up €334,857 (+17.5%), from €1.9m to €2.2m
of which Distributable reserves: +€334,857
- Debts after one year -€72,808
down €72,808 (-4.5%), from €1.6m to €1.5m
- Short-term financial debts +€49,947
up €49,947 (+119.5%), from €41,814 to €91,760
- Financial income +€148,329
up €148,329 (+98.9%), from €150,014 to €298,342
- Gross operating margin -€52,796
down €52,796 (-17.3%), from €305,277 to €252,480
- Depreciation +€8,088
up €8,088 (+13.9%), from €58,394 to €66,482
- Financial charges -€3,272
down €3,272 (-4.5%), from €72,073 to €68,801
- Taxes -€3,212
down €3,212 (-4.5%), from €70,779 to €67,567
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,928,914 | €4,265,461 | +€336,547 | +8.6% |
| Fixed assets | 21/28 | €3,132,300 | €3,129,415 | -€2,885 | -0.1% |
| Tangible fixed assets | 22/27 | €2,143,800 | €2,140,915 | -€2,885 | -0.1% |
| Land and buildings | 22 | €2,143,782 | €2,140,915 | -€2,867 | -0.1% |
| Furniture and vehicles | 24 | €18 | €0 | -€18 | -100.0% |
| Financial fixed assets | 28 | €988,500 | €988,500 | = | 0.0% |
| Current assets | 29/58 | €796,614 | €1,136,046 | +€339,432 | +42.6% |
| Amounts receivable within one year | 40/41 | €777,065 | €1,121,510 | +€344,445 | +44.3% |
| Trade receivables | 40 | €188,471 | €209,586 | +€21,114 | +11.2% |
| Other amounts receivable | 41 | €588,594 | €911,924 | +€323,331 | +54.9% |
| Cash at bank and in hand | 54/58 | €7,688 | €2,250 | -€5,438 | -70.7% |
| Deferred charges and accrued income | 490/1 | €11,861 | €12,286 | +€425 | +3.6% |
| Total equity and liabilities | 10/49 | €3,928,914 | €4,265,461 | +€336,547 | +8.6% |
| Equity | 10/15 | €2,040,777 | €2,375,634 | +€334,857 | +16.4% |
| Contributions | 10/11 | €132,100 | €132,100 | = | 0.0% |
| Reserves | 13 | €1,908,677 | €2,243,534 | +€334,857 | +17.5% |
| Non-distributable reserves | 130/1 | €17,380 | €17,380 | = | 0.0% |
| Reserves not available under the articles | 1311 | €17,380 | €17,380 | = | 0.0% |
| Distributable reserves | 133 | €1,891,298 | €2,226,155 | +€334,857 | +17.7% |
| Amounts payable | 17/49 | €1,888,137 | €1,889,827 | +€1,690 | +0.1% |
| Amounts payable after more than one year | 17 | €1,603,440 | €1,530,632 | -€72,808 | -4.5% |
| Financial debts | 170/4 | €1,603,440 | €1,530,632 | -€72,808 | -4.5% |
| Amounts payable within one year | 42/48 | €249,587 | €284,155 | +€34,569 | +13.9% |
| Current portion of amounts payable after more than one year | 42 | €134,077 | €128,538 | -€5,539 | -4.1% |
| Financial debts | 43 | €41,814 | €91,760 | +€49,947 | +119.5% |
| Credit institutions | 430/8 | €41,814 | €91,760 | +€49,947 | +119.5% |
| Trade debts | 44 | €49,818 | €55,739 | +€5,921 | +11.9% |
| Suppliers | 440/4 | €49,818 | €55,739 | +€5,921 | +11.9% |
| Taxes, remuneration and social security | 45 | €23,878 | €8,118 | -€15,760 | -66.0% |
| Taxes | 450/3 | €23,878 | €8,118 | -€15,760 | -66.0% |
| Accrued charges and deferred income | 492/3 | €35,110 | €75,040 | +€39,930 | +113.7% |
| Non-recurring operating income | 76A | - | €12,000 | +€12,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,394 | €66,482 | +€8,088 | +13.9% |
| Other operating charges | 640/8 | €15,693 | €13,116 | -€2,577 | -16.4% |
| Gross operating margin | 9900 | €305,277 | €252,480 | -€52,796 | -17.3% |
| Operating profit (loss) | 9901 | €231,189 | €172,883 | -€58,307 | -25.2% |
| Financial income | 75/76B | €150,014 | €298,342 | +€148,329 | +98.9% |
| Recurring financial income | 75 | €150,014 | €298,342 | +€148,329 | +98.9% |
| Financial charges | 65/66B | €72,073 | €68,801 | -€3,272 | -4.5% |
| Recurring financial charges | 65 | €72,073 | €68,801 | -€3,272 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €309,130 | €402,424 | +€93,294 | +30.2% |
| Income taxes | 67/77 | €70,779 | €67,567 | -€3,212 | -4.5% |
| Profit (loss) for the period | 9904 | €238,350 | €334,857 | +€96,507 | +40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €238,350 | €334,857 | +€96,507 | +40.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.